Question 1

What's the best way to send money to Singapore from Malaysia?

Accepted Answer

Sending money internationally to Singapore from Malaysia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Malaysian Ringgit to SGD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Singapore. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Singapore Dollar.

Question 2

How to get the best rate to transfer money to Singapore from Malaysia?

Accepted Answer

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MYR to Singapore Dollar money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Malaysia to Singapore. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MYR to SGD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.

Question 3

What's the cheapest way to send money to Singapore from Malaysia?

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Singapore from Malaysia. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Singapore using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Singapore Dollar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MYR to Singapore exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Singapore from Malaysia.

Question 4

How to send money from Malaysia to Singapore through a bank?

Accepted Answer

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Malaysia to Singapore money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MYR to SGD transfers.

Given this, there are umpteen additional options to send money to Singapore instead of just your Malaysia bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Malaysian Ringgit even more so that your recipient in Singapore gets the maximum amount.

Question 5

How to send money to Singapore from Malaysia fast?

Accepted Answer

If you need to convert MYR to SGD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Malaysia to Singapore could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Malaysian Ringgit to Singapore Dollar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Singapore.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Malaysia to Singapore. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to send money from Malaysia to Singapore?

Accepted Answer

Malaysia to Singapore money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Singapore as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Malaysian Ringgit to Singapore Dollar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.

Question 7

Step by step guide to send money to Singapore from Malaysia

Accepted Answer

There are many important aspects of Malaysia to Singapore remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Malaysia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include SGD bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Malaysian Ringgit amount you want to send from Malaysia.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Singapore to validate that they get the money once the transaction clears.

1 MYR	0.32 SGD
5 MYR	1.62 SGD
10 MYR	3.24 SGD
25 MYR	8.09 SGD
50 MYR	16.19 SGD
100 MYR	32.37 SGD
150 MYR	48.56 SGD
200 MYR	64.74 SGD
250 MYR	80.93 SGD
300 MYR	97.11 SGD
400 MYR	129.48 SGD
500 MYR	161.85 SGD
600 MYR	194.22 SGD
700 MYR	226.59 SGD
800 MYR	258.96 SGD
1000 MYR	323.70 SGD
1500 MYR	485.55 SGD
2000 MYR	647.40 SGD
2500 MYR	809.25 SGD
3000 MYR	971.10 SGD
4000 MYR	1,294.80 SGD
5000 MYR	1,618.50 SGD
10000 MYR	3,237.00 SGD
15000 MYR	4,855.50 SGD
20000 MYR	6,474.00 SGD
30000 MYR	9,711.00 SGD
40000 MYR	12,948.00 SGD
50000 MYR	16,185.00 SGD
100000 MYR	32,370.00 SGD

Compare today's MYR to SGD (Malaysian Ringgit to Singapore Dollar) exchange rates

📈 Malaysia to Singapore Money Transfer Snapshot Today

Money Transfer Providers that matched the search criteria

💡What today's MYR-SGD exchange rates mean for you

Today's Most Competitive Malaysia to Singapore Providers

Latest MYR to SGD Conversion Rates